The concept behind an "All in One" account is putting all of your savings and borrowings into one account at a floating interest rate. This approach is encouraged by Moshe Milevsky, Associate Professor of Finance at the Schulich School of Business, York University.

In a study Professor Milevsky discovered that Canadians are spreading their debts and their savings over a wide variety of banking products and financial institutions . . . and, it has shown that Canadians are losing thousands of dollars by not consolidating their debts and by not integrating those debts with the assets they have.

An "All in One" account allows Canadians to reduce what they owe, to simplify their day-to-day finances and to save thousands in interest costs.

   Professor Milevsky explains (2 1/2 minute video)   

Solution: An "All in One" account designed to make every dollar you owe and every dollar you own work for you first.